8-Duplex Multifamily
For Sale
$5,199,900
A-1405 Corbett St, Wilmington, NC 28401
Eight attached duplexes offer individually fenced yards, private driveways, and rear storage for each residence.
Property Size24,768 SF
Price / SF$209.94
Days on Market215
Property Features for A-1405 Corbett St
General Information
Standard status
Active
Size
24,768 SF
Occupancy
100%
Units
Unit Mix
16 x 4BR/2BA
Multifamily Units
16
Additional Details
Gross Income
$480,000
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,137
Amenities
granite countertops
stainless steel appliances
waterproof flooring
storage unit
fenced backyard
Building Details
Buildings
8
Tenancy
Multi
Listing Agency:
Keller Williams Innovate-Wilmington
(910) 508-7387
Listed By:
The Domenico Grillo Real Estate Team · License #1999023818
(910) 508-7387
Source:
Exprealty
Added: Jan 29
Changed: Aug 31
Last Checked: Aug 31 at 7:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Innovate-Wilmington
Investment Insights
Based on property information with market context.
This multifamily portfolio comprises 8 side-by-side duplexes arranged along the same street, with each building situated on its own parcel. The offering includes 16 four-bedroom, two-bath units totaling 24,768 square feet, or 1,548 square feet per residence. Floor plans provide one bedroom on the first level and three upstairs. Each unit has a private driveway, fenced backyard, and a rear storage unit. Interior finishes include granite countertops, stainless steel appliances, and waterproof flooring.
The property is located at A-1405 Corbett St in Wilmington, NC, in the downtown area near a new home development in Love Grove. The residences are currently fully occupied, and leases are backed through the Sec8 program, although participation is not required for tenants. Each duplex is separately parceled, creating eight distinct multifamily properties within the portfolio.
The property is located at A-1405 Corbett St in Wilmington, NC, in the downtown area near a new home development in Love Grove. The residences are currently fully occupied, and leases are backed through the Sec8 program, although participation is not required for tenants. Each duplex is separately parceled, creating eight distinct multifamily properties within the portfolio.
Key Highlights
- 8 duplexes on separate parcels along the same street
- 16 four‑bedroom, two‑bath units totaling 24,768 sqft
- Each residence contains 1,548 Sqft with 1 bedroom downstairs and 3 upstairs
Property Analytics
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Eight attached duplexes offer individually fenced yards, private driveways, and rear storage for each residence.
Where is this duplex located?
The property is located at A-1405 Corbett St Wilmington, NC.
What is the asking price?
The asking price for this property is $5,199,900.
What are key features of this property?
This property features: 8 duplexes on separate parcels along the same street; 16 four‑bedroom, two‑bath units totaling 24,768 sqft; Each residence contains 1,548 Sqft with 1 bedroom downstairs and 3 upstairs
